Recap: iStar Q2 Earnings

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iStar STAR reported its Q2 earnings results on Thursday, August 4, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

iStar beat estimated earnings by 31.15%, reporting an EPS of $-0.42 versus an estimate of $-0.61.

Revenue was down $57.52 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $2.71 which was followed by a 1.89% increase in the share price the next day.

Here's a look at iStar's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 5.08 -0.21 0.31 0.15
EPS Actual 7.79 0.87 1.76 0.15
Revenue Estimate 43.25M 101.84M 105.02M 101.89M
Revenue Actual 31.95M 50.76M 195.49M 105.59M

To track all earnings releases for iStar visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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